The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: SAF who wrote (27057)	3/7/1999 5:47:00 PM
From: Doug R	Read Replies (2) of 79230

Steve, CADE is one of those to sit on and wait for the 30 to 40% when it comes. I've said before that it's one for those with patience. It's been about a month since the top of the last 15 day 35% move. The base it's on now reached nearly as low as the low in the previous base so it shouldn't be too much longer. NOVL possibly has a little shark fin going on here. Everything for the intermediate term is still intact. The base it's in now (since the gap up on 1/6) looks pretty solid. It may fluctuate a bit for a little while more before breaking out again but I don't get any warning flags for any breakdown. ESPI has the momentum going for it. A target line from the low day in Oct. '98 to the high in Jan. '99 is the next hurdle for it. Once over that, it should get into the $12 range before needing a chance to catch its breath. Doug R

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